Centricus asset management fund

Net interest income (NII) for the first half grew to VND8.1 trillion, up 23 per cent from the same period last year. Net Fee and Commission Income (NFI) was VND2 trillion, posting 57 per cent year-on-year increase. NFI was 16.8 per cent of TOI as compared to 13.8 per cent in the first half of 2019, with a strong contribution from bond underwriting activity during the period. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3

The response of the homebuilding industry has been overwhelmingly positive. As a result, Walton has also been able to enhance its traditional investor offering -- direct ownership in pre-development land -- and give it more of an exit focus. With this strategy Walton identifies land for a pre-determined homebuilder's medium-term development pipeline, typically targeting properties where development can begin within 24 to 36 months. At the time of acquisition Walton enters into an exit-focused agreement with the builder offering an exclusive right to purchase the land in the future; the homebuilder benefits from being involved in the land planning process at an earlier stage. Ultimately homebuilders are expected to acquire the property in a phased takedown, thereby generating cash flow for investors. … [Read more...] about U.S. Homebuilding Surging Amid Uncertainty

The participants at a recent online workshop on credit and capital market held by Fitch Ratings and The Asset journal all agreed that Vietnam is benefiting from multi-national groups’ strategy on relocating their production bases out of China. Muralidharan Ramakrishnan from Fitch Ratings estimated that the capital EVN needs to develop infrastructure may amount to $4-5 billion in the next 2-3 years. … [Read more...] about VN businesses seek low-cost capital to develop infrastructure

Tran Hai Linh, CEO of e-commerce platform Sendo, said much investment was drawn to nations in Southeast Asia several years ago, with Indonesia a big winner due to its well-generated economy and young population. Now, with an eager-to-learn generation, a fast-growing economy, and effective reactions from the government to the health crisis, the Vietnamese market can become the next attractive destination for investment in the next few years. … [Read more...] about Vietnamese startups bag millions of US dollars despite COVID-19 pandemic

Not only donating gifts, Nghi could spend the whole day helping nuns in a church in HCM City’s Thủ Đức District to fold clothes or sell lunches to raise funds. … [Read more...] about Kind-hearted schoolgirl helps unfortunate children